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Readers Dessert April 22, 2026
  • Bitcoin

FTX Sold Cursor Stake for $200K. SpaceX Now Has a $60 Billion Option to Buy It

Readers Dessert April 22, 2026
FTX’s bankruptcy estate sold Alameda Research’s early stake in Anysphere, the startup behind AI code editor Cursor, for $200,000 in 2023. SpaceX announced a $60 billion option to acquire the same company…
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Readers Dessert June 15, 2025
  • Bitcoin

$1.5B in Crypto Still Sits in the Ruins of Firms Like FTX, Terraform, Celsius, and Blockfi

Readers Dessert June 15, 2025
Over the past few years, a wave of digital asset firms collapsed for a mix of reasons—some dragged down by earlier disasters like the FTX and Terraform Labs fiascos. Here’s a closer…
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Readers Dessert June 1, 2025
  • Bitcoin

$5B in FTX Funds Are Hitting Wallets—Will Crypto Markets Get a Second Wind?

Readers Dessert June 1, 2025
On Friday, the estate managing the collapsed crypto exchange FTX announced that its recovery trust had begun disbursing over $5 billion tied to both convenience and non-convenience class claims. As distributions roll…
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